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Investments are widely accepted as the matchless path to development. Real estate is as much a prerequisite for investment as are capital and labour. Nonetheless, relative progress in ensuring that arrangements concerning real estate are compatible with desired magnitudes of investments in Africa remains far from satisfactory. Treatment of real estate in the development literature remains tangential and incoherent. This volume explores why real estate policies in Africa have not worked well and examines how they can or should be more organised for efficient and successful outcomes.

This book is essential reading for all interested in development economics, real estate economics and African studies.

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Introduction and Background Economics of African Land Tenure Conceptual Foundations of Real Estate Policy Political Economy of Land Tenure Land Tenure Reforms and Development Real Estate Information Management and Registration Measuring impacts of real estate policies The Cost of African real estate policies The Cost of African Real Estate Bureaucracies Benefits of African real estate policies Conclusions Bibliography

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FELIX N. HAMMOND Senior Lecturer in Real Estate, University of Wolverhampton, UK.

YAW ADARKWAH ANTWI Consultant in Real Estate Markets and Land Policy, LandPro Consultancy, Accra, Ghana.

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